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Cracker Barrel’s Big Financial Pivot | Tampa News

Cracker Barrel’s Big Financial Pivot | Tampa News

Published 1 day, 7 hours ago
Description

Cracker Barrel is slashing debt and boosting profits by selling off its Maple Street Biscuit Company brand, shuttering 16 locations, and doing a $77M sale-leaseback on 24 of its own restaurants — all while Biscuit Belly plans to triple its footprint by converting the acquired spots into its own locations, aiming for 60+ by 2028.

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